GBPUSD 2018-04-10

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British Pound managed to break above resistance line as we see over the chart and as we warn last week

Market now facing Intraday support levels at 1.4120 and 1.4070 where as long as market holding above one of those supports a chance for more advance to test 1.4240 zone will be good

Below 1.4070 market may risk for farther drop to test 1.3990-1.4010 zone

  Support Resistance
Level 1 1.4120 1.4240
Level 2 1.4070 1.4345
Level 3 1.3990-1.4010 1.4410
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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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